2800 Central AveLake Station, IN 46405

  • Land
  • 0.20 AC
For Sale
$44,990 View listing

Property Details for 2800 Central Ave

Lot size
0.20 AC
Property type
Land
Property subtype
Commercial land
APN
45-09-17-256-018.000-021
APU
450917256018000021

Description

This 0.2-acre commercial land parcel is situated on heavily traveled Central Avenue in Lake Station, Indiana, zip code 46405. The property's C-3 zoning allows for a variety of commercial uses. Its rectangular shape and high-visibility location on a state highway offer excellent accessibility for attracting customers. High foot and vehicle traffic ensures significant potential for a steady customer flow. The site is well-suited for a quick-service restaurant or other businesses requiring a smaller footprint. Lake Station is a growing community with a diverse mix of residential, commercial, and light industrial activity, creating a strong local economy and supporting a vibrant community. The city's proximity to Lake Michigan adds to its appeal. This property presents a strategic investment opportunity for businesses seeking high visibility and convenient access in a thriving community. The asking price is $44,990. The property is located in Lake County, Indiana, at 2800 Central Ave, with coordinates 41.573491 latitude and -87.248591 longitude.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,252,869
    Hospitality
    $2,979,610
    Educational
    $2,479,001
    Medical
    $2,564,258
    Retail
    $3,856,224
2800 Central Ave, Lake Station, Indiana
Leaflet | © OpenStreetMap contributors

Location Insight

City
Lake Station
County
Lake
State
Indiana
Latitude
41.5735
Longitude
-87.2486
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$875
$16,200
-
$16,200
-
$16,200
-
$16,200

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